CHIPS Act

President Joe Biden recently signed the $280 billion dollar CHIPS and Science Act, setting aside roughly $52 billion dollars to bolster the U.S. computer chip sector. After supply chain shortages and record demand for semiconductors, the CHIPS act will boost the domestic semiconductor...

Speaker of the House Nancy Pelosi made headlines this week with a highly scruntinized visit to Taiwan, a move that led to crisis control from the White House and affect relations between China and the U.S. going forward. The visit to Taiwan could also have a large impact on the semiconductor...

Chipmaker Intel Corporation (NASDAQ: INTC) is seeing shares drop in the after-hours session Thursday after reporting second-quarter results after the market close. Here are the key highlights for investors. What Happened: Intel reported second-quarter revenue of $15.3 billion, down 22% year-...

Semiconductor company Qualcomm Inc (NASDAQ: QCOM) reported third-quarter results after the market close Wednesday. Here are the key highlights and exclusive comments from Chief Financial Officer Akash Palkhiwala. What Happened: Qualcomm reported third-quarter revenue of $10.9 billion, up 37% year-...

Speaker of the House Nancy Pelosi is one of the most famous members of Congress. Over the last several years, Pelosi has also become famous for something outside of politics, stock and option purchases made by her husband. Here’s what Pelosi had to say when asked about potential conflicts of...

The U.S. Department of Commerce reported July 15 that congress is moving towards a Tuesday vote on the CHIPS Act in a bipartisan effort to increase domestic semiconductor manufacturing. What To Expect: According to Reuters, the bill will provide $52 billion in subsidies and tax credits for...

A pair of bills that include tax credits and subsidiaries for U.S. chip makers could have a major impact on the semiconductor industry and its investors. What Is The CHIPS Act? A bill known as the CHIPS Act is driving a wedge between semiconductor companies that produce their own chips and those...